Showing posts with label bankruptcy. Show all posts
Showing posts with label bankruptcy. Show all posts

Thursday, May 21, 2009

Megan McArdle, Econo-Fascist of the Week!!!

The Atlantic Magazine blogger Megan McArdle has just received a new, one time only award from this blog:

ECONO-FASCIST OF THE WEEK!!!

What has Ms. McArdle done to deserve this prestigious award? Her capping achievement is a blatant attempt to smear the wife of Edmund L. Andrews, a New York Times writer who has written a book, as well as an NYT Sunday Magazine article, regarding his financial troubles. McArdle basically uses his wife's financial history, which includes two bankruptcies, one apparently connected to a divorce,. to imply that Andrews, and her, are getting what they deserve, and that we should ignore calls for financial reform.

Such coldheartedness is characteristic of McArdle, who has opposed bailouts of California, the auto industry, and just about everyone except Wall Street. Charity does not seem to play much of a part in her vision of life and the world.

(Note: Yesterday, I printed a rather inflammatory comment about some of McArdle's friends, who died in 9 / 11. I apologize for this, both to Ms. McArdle and my readers. Although I stand by the feelings that provoked it, I should not have stooped to McArdle's level.)